President Donald Trump shifted his stock portfolio in early 2026, cutting back on some big tech names and moving into chipmakers and AI-related stocks, according to a new federal ethics filing.
The disclosure, an OGE Form 278-T, covers the first quarter of 2026. It shows Trump sold large blocks of Amazon, Meta, and Microsoft stock — all in the $5 million to $25 million range.
He did not exit those positions entirely. The filing shows smaller purchases in Amazon, Meta, and Microsoft happening around the same time. Meta buys ranged from $1,001 to $500,000. Amazon and Microsoft purchases ranged from $1,001 to $5 million.
The partial sales and partial buys suggest he was adjusting his exposure rather than exiting the sector altogether.
The bigger story is where new money went.
Trump opened new positions in Nvidia, Broadcom, Synopsys, Cadence Design Systems, and Texas Instruments. Each position was valued between $1 million and $5 million.
Nvidia has been one of the top-performing stocks over the past month, rising around 20% and reaching an all-time high on a split-adjusted basis. The timing of Trump’s Nvidia purchase is not known, but the stock was already rising during the period covered by the filing.
Nvidia currently holds a consensus Strong Buy rating from 42 Wall Street analysts, with an average price target of $274.38.
On the software side, Trump bought into Apple, Oracle, ServiceNow, Adobe, and Workday. Those positions also fell in the $1 million to $5 million range.
Trump opened a $1 million to $5 million position in Dell Class C stock on February 10, 2026. Months later, in early May, he publicly endorsed Dell hardware at a White House event.
He also added to his existing Intel stake. The purchases began in early March and several were flagged as “unsolicited,” meaning no broker recommended them. The U.S. government took a sizable equity stake in Intel in late 2025.
A number of trades across the portfolio were also classified as unsolicited. The largest of these involved Apple, Microsoft, and Amazon, all reaching the $1 million to $5 million level in March.
Trump’s assets are held in a trust managed by his children. The filings show that a broker acted as an agent on some transactions, but do not specify which accounts were involved or who placed the trades.
Form 278-T filings report transactions in broad value bands. They do not disclose exact prices, timing, or profits.
A more complete picture of Trump’s finances is expected when his annual financial disclosure is released later this year.
The post Trump Quietly Loaded Up on Nvidia Before the Stock Hit Record Highs. Here’s What His Filing Shows appeared first on CoinCentral.
